According to the recent study the commercial aerospace landing gear market is projected to reach an estimated $6.8 billion by 2027 from $5.0 billion in 2021, at a CAGR of 5.4% from 2021 to 2027. Growth in this market is primarily driven by increasing deliveries of aircraft and upcoming aircraft programs leading to growth in demand for commercial aerospace landing gear.
Browse 86 figures / charts and 60 tables in this 84 -page report to understand trends, opportunities and forecast in commercial aerospace Landing gear market by aircraft type (commercial aircraft, regional aircraft, and business jet), landing gear (main landing gear and nose landing gear), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Main landing gear market is expected to remain the largest segment during the forecast period.”
Based on landing gear type, the commercial aerospace landing gear market is segmented into main landing gear and nose landing gear. Lucintel forecasts that the main landing gear market is expected to remain the largest segment due to aircraft landing gear arrangement contains two main landing gears and a nose landing gear.
“North America will dominate the commercial aerospace landing gear market in near future”
North America is expected to remain the largest region because the major customers of landing gear such as Boeing, Bombardier, Cessna Aircraft, and Gulfstream Aerospace are located in this region.
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Major players of commercial aerospace landing gear market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Safran, Collins Aerospace, Liebherr, and Héroux-Devtek are among the major commercial aerospace landing gear providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/commercial-aerospace-landing-gear-market.aspx or [email protected]